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Labor & Employment

  • PRN announces promotion

    SAN FRANCISCO  — Premier Retail Networks, a global leader in digital place-based media services, has announced that Jon Landa has been promoted to SVP sales for PRN’s West & Central regions. 

    As PRN’s VP sales since June 2007, Landa has been responsible for direct clients and agencies on the West Coast. Before joining PRN, he served as VP national accounts at ReelzChannel. 

  • Gap earnings fall 23% on soaring costs; CEO to focus turning around namesake division

    San Francisco -- Gap reported Thursday that its first-quarter earnings plummeted 23% as costs rose faster than expected, and the chain dramatically lowered its full-year earnings forecast.

    Gap is spending about 20% more to produce each item than it did a year ago -- a much faster rise than it expected, the Associated Press reported.

    Gap’s net income was $233 million for the quarter ended April 30, compared with $302 million. The performance was slightly better than analysts expected, however.

  • Report: Consumer confidence declines to nine-month low

    Washington, D.C. -- A report released Thursday by Bloomberg said that consumer confidence fell last week to the lowest level in nine months as the cost of fuel pinched U.S. household budgets.

    The Bloomberg Consumer Comfort Index declined to minus 49.4 in the period to May 15, the worst reading since August, from the prior week’s minus 46.9. A gauge of personal finances plunged to the weakest level since October 2009, and a monthly measure of economic expectations held at a seven-month low.

  • Hot Topic loss widens in Q1

    City of Industry, Calif. -- Hot Topic reported Wednesday that its loss for the fiscal first quarter widened to $7.7 million, compared to a net loss of $1.8 million last year.

    The first quarter results include $12.4 million of expenses for the implementation of the previously announced charges for strategic business changes and cost reduction plan.

    Revenue dipped 0.8% to $161.3 million compared with $162.6 million for the first quarter last year. Same-store sales edged up 0.2%.

  • Bath and Body Works announces CEO shift

    COLUMBUS, Ohio — Bath and Body Works announced that it has named Nick Coe, formerly president of Lands' End, as its new CEO. The current CEO of Bath and Body Works, Diane Neal, will remain in her role as CEO through summer and then transition into an advisory role with the company from San Francisco. 

  • Amazon to expand customer service center

    GRAND FORKS, N.D. — Amazon.com announced that it plans to expand its customer service center in Grand Forks, N.D.,  creating more than 200 full-time jobs and hundreds of seasonal jobs at the facility by the end of 2012.

  • Hershey CEO gets new gig at Del Monte

    SAN FRANCISCO — Del Monte Foods Co. announced that it has appointed David West as its new CEO, effective Aug. 15. West will also join the company's board of directors in June.

  • Golden Corral eateries cut energy with E2America’s HVAC controls

    Wilmington, N.C. -- Efficient Energy America (E2America) announced that Platinum Corral, a multi-state franchise operator of Golden Corral restaurants, has signed an agreement to install the supplier’s intelligent heating, ventilation and air-conditioning (HVAC) control system in all 30 of its stores.

  • C-store chain GasAmerica deploys JobApp Network to improve hiring

    Bloomfield Hills, Mich. -- Convenience-store operator GasAmerica is utilizing JobApp Network’s automated hiring management solution for c-stores. Following a phased approach, the Indiana-based chain has now completed rolling out the solution to all of its 86 locations.

    According to GasAmerica, hiring success starts with JobApp, which makes it easy for people to apply around the clock.

  • Bath and Body Works unit appoints new CEO

    Columbus, Ohio -- The Bath and Body Works unit of Limited Brands said Tuesday it has named former Lands’ End president Nick Coe as its new CEO.

    Current CEO Diane Neal, at the helm since 2007, will remain in that role through the summer. After that, she will transition into an advisory role with the company and work from San Francisco, according to the company.

    Before working a Lands' End, a subsidiary of Sears Holdings Corp., Coe held senior merchandising jobs at Gap’s Banana Republic and at Levi Strauss.
     

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